• bitcoinBitcoin (BTC) $ 97,931.00
  • ethereumEthereum (ETH) $ 2,721.61
  • tetherTether (USDT) $ 0.999995
  • xrpXRP (XRP) $ 2.47
  • bnbBNB (BNB) $ 700.26
  • solanaSolana (SOL) $ 197.19
  • usd-coinUSDC (USDC) $ 0.999904
  • dogecoinDogecoin (DOGE) $ 0.264902
  • cardanoCardano (ADA) $ 0.796277
  • staked-etherLido Staked Ether (STETH) $ 2,728.60
  • tronTRON (TRX) $ 0.243987
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 97,690.00
  • chainlinkChainlink (LINK) $ 19.06
  • suiSui (SUI) $ 3.56
  • avalanche-2Avalanche (AVAX) $ 26.55
  • wrapped-stethWrapped stETH (WSTETH) $ 3,215.29
  • stellarStellar (XLM) $ 0.330129
  • shiba-inuShiba Inu (SHIB) $ 0.000017
  • the-open-networkToncoin (TON) $ 3.78
  • litecoinLitecoin (LTC) $ 123.39
  • leo-tokenLEO Token (LEO) $ 9.88
  • hedera-hashgraphHedera (HBAR) $ 0.232734
  • usdsUSDS (USDS) $ 1.00
  • hyperliquidHyperliquid (HYPE) $ 25.15
  • wethWETH (WETH) $ 2,690.68
  • polkadotPolkadot (DOT) $ 5.25
  • bitget-tokenBitget Token (BGB) $ 6.02
  • bitcoin-cashBitcoin Cash (BCH) $ 343.54
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • uniswapUniswap (UNI) $ 9.91
  • mantra-daoMANTRA (OM) $ 5.82
  • wrapped-eethWrapped eETH (WEETH) $ 2,850.95
  • ondo-financeOndo (ONDO) $ 1.41
  • moneroMonero (XMR) $ 225.70
  • pepePepe (PEPE) $ 0.000010
  • nearNEAR Protocol (NEAR) $ 3.42
  • whitebitWhiteBIT Coin (WBT) $ 27.45
  • aaveAave (AAVE) $ 252.39
  • internet-computerInternet Computer (ICP) $ 7.43
  • aptosAptos (APT) $ 6.15
  • daiDai (DAI) $ 0.999779
  • mantleMantle (MNT) $ 1.04
  • bittensorBittensor (TAO) $ 413.65
  • susdssUSDS (SUSDS) $ 1.03
  • ethereum-classicEthereum Classic (ETC) $ 21.36
  • okbOKB (OKB) $ 52.42
  • official-trumpOfficial Trump (TRUMP) $ 15.39
  • vechainVeChain (VET) $ 0.035066
  • gatechain-tokenGate (GT) $ 22.26
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.324806
  • crypto-com-chainCronos (CRO) $ 0.094869
  • algorandAlgorand (ALGO) $ 0.299786
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 97,879.00
  • kaspaKaspa (KAS) $ 0.097107
  • render-tokenRender (RENDER) $ 4.64
  • jupiter-exchange-solanaJupiter (JUP) $ 0.863694
  • tokenize-xchangeTokenize Xchange (TKX) $ 28.00
  • cosmosCosmos Hub (ATOM) $ 5.03
  • filecoinFilecoin (FIL) $ 3.48
  • arbitrumArbitrum (ARB) $ 0.488864
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.813609
  • first-digital-usdFirst Digital USD (FDUSD) $ 1.00
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 97,777.00
  • sonic-3Sonic (prev. FTM) (S) $ 0.543727
  • fasttokenFasttoken (FTN) $ 3.96
  • celestiaCelestia (TIA) $ 3.22
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,695.23
  • binance-staked-solBinance Staked SOL (BNSOL) $ 203.22
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,782.84
  • kucoin-sharesKuCoin (KCS) $ 12.39
  • raydiumRaydium (RAY) $ 5.27
  • optimismOptimism (OP) $ 1.11
  • blockstackStacks (STX) $ 0.989815
  • xdce-crowd-saleXDC Network (XDC) $ 0.094479
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 97,564.00
  • lido-daoLido DAO (LDO) $ 1.69
  • injective-protocolInjective (INJ) $ 14.70
  • immutable-xImmutable (IMX) $ 0.822087
  • theta-tokenTheta Network (THETA) $ 1.43
  • bonkBonk (BONK) $ 0.000018
  • the-graphThe Graph (GRT) $ 0.145283
  • ethenaEthena (ENA) $ 0.443062
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,021.41
  • nexoNEXO (NEXO) $ 1.34
  • quant-networkQuant (QNT) $ 91.67
  • movementMovement (MOVE) $ 0.558001
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,862.03
  • worldcoin-wldWorldcoin (WLD) $ 1.27
  • flare-networksFlare (FLR) $ 0.021131
  • usual-usdUsual USD (USD0) $ 1.00
  • jasmycoinJasmyCoin (JASMY) $ 0.022644
  • dexeDeXe (DEXE) $ 18.78
  • sei-networkSei (SEI) $ 0.239733
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 96,859.00
  • galaGALA (GALA) $ 0.024010
  • eosEOS (EOS) $ 0.661743
  • the-sandboxThe Sandbox (SAND) $ 0.405206
  • msolMarinade Staked SOL (MSOL) $ 248.66
  • flokiFLOKI (FLOKI) $ 0.000099
  • tezosTezos (XTZ) $ 0.909845
  • ethereum-name-serviceEthereum Name Service (ENS) $ 26.92
  • iotaIOTA (IOTA) $ 0.246868
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.37
  • bittorrentBitTorrent (BTT) $ 0.00000088
  • jito-governance-tokenJito (JTO) $ 2.98
  • makerMaker (MKR) $ 1,027.01
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,784.95
  • ultimaUltima (ULTIMA) $ 19,247.97
  • wbnbWrapped BNB (WBNB) $ 700.72
  • flowFlow (FLOW) $ 0.530840
  • neoNEO (NEO) $ 11.55
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 213.18
  • bitcoin-svBitcoin SV (BSV) $ 40.72
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 97,640.00
  • kaiaKaia (KAIA) $ 0.133715
  • roninRonin (RON) $ 1.24
  • pyth-networkPyth Network (PYTH) $ 0.213702
  • chain-2Onyxcoin (XCN) $ 0.023317
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.59
  • usddUSDD (USDD) $ 1.00
  • tether-goldTether Gold (XAUT) $ 2,908.18
  • spx6900SPX6900 (SPX) $ 0.765252
  • axie-infinityAxie Infinity (AXS) $ 4.46
  • curve-dao-tokenCurve DAO (CRV) $ 0.555714
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.264184
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,836.57
  • heliumHelium (HNT) $ 3.76
  • elrond-erd-2MultiversX (EGLD) $ 23.61
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.010395
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,690.29
  • fraxFrax (FRAX) $ 0.999718
  • decentralandDecentraland (MANA) $ 0.339992
  • berachain-beraBerachain (BERA) $ 5.93
  • usdx-money-usdxusdx.money USDX (USDX) $ 1.01
  • starknetStarknet (STRK) $ 0.244039
  • aerodrome-financeAerodrome Finance (AERO) $ 0.818485
  • arweaveArweave (AR) $ 9.48
  • chilizChiliz (CHZ) $ 0.063989
  • dogwifcoindogwifhat (WIF) $ 0.604232
  • pax-goldPAX Gold (PAXG) $ 2,923.75
  • paypal-usdPayPal USD (PYUSD) $ 1.00
  • pendlePendle (PENDLE) $ 3.60
  • conflux-tokenConflux (CFX) $ 0.119687
  • dydx-chaindYdX (DYDX) $ 0.805704
  • matic-networkPolygon (MATIC) $ 0.325515
  • ai16zai16z (AI16Z) $ 0.553771
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,684.70
  • resolv-usrResolv USR (USR) $ 1.00
  • fartcoinFartcoin (FARTCOIN) $ 0.575896
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,690.98
  • beam-2Beam (BEAM) $ 0.010692
  • pumpbtcpumpBTC (PUMPBTC) $ 92,249.00
  • insurance-2INSURANCE (INSURANCE) $ 29.39
  • telcoinTelcoin (TEL) $ 0.007045
  • kavaKava (KAVA) $ 0.503251
  • apecoinApeCoin (APE) $ 0.754357
  • meowMEOW (MEOW) $ 0.005935
  • ecasheCash (XEC) $ 0.000027
  • compound-governance-tokenCompound (COMP) $ 59.00
  • beldexBeldex (BDX) $ 0.075299
  • wormholeWormhole (W) $ 0.182951
  • coredaoorgCore (CORE) $ 0.552482
  • zcashZcash (ZEC) $ 32.23
  • aioz-networkAIOZ Network (AIOZ) $ 0.440511
  • thorchainTHORChain (RUNE) $ 1.43
  • reserve-rights-tokenReserve Rights (RSR) $ 0.009028
  • true-usdTrueUSD (TUSD) $ 1.00
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 97,860.00
  • amp-tokenAmp (AMP) $ 0.005828
  • deepDeepBook (DEEP) $ 0.197727
  • clbtcclBTC (CLBTC) $ 97,473.00
  • akash-networkAkash Network (AKT) $ 1.97
  • newton-projectAB DAO (AB) $ 0.010889
  • gnosisGnosis (GNO) $ 177.94
  • tbtctBTC (TBTC) $ 97,645.00
  • apenftAPENFT (NFT) $ 0.00000046
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000082
  • chex-tokenCHEX Token (CHEX) $ 0.450549
  • quantixaiQuantixAI (QAI) $ 85.76
  • morphoMorpho (MORPHO) $ 2.00
  • axelarAxelar (AXL) $ 0.485076
  • based-brettBrett (BRETT) $ 0.045202
  • mina-protocolMina Protocol (MINA) $ 0.364383
  • dohrniiDohrnii (DHN) $ 7.51
  • stakestone-berachain-vault-tokenStakeStone Berachain Vault Token (BERASTONE) $ 2,668.81
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 1.00
  • eigenlayerEigenlayer (EIGEN) $ 1.71
  • super-oethSuper OETH (SUPEROETHB) $ 2,690.60
  • trust-wallet-tokenTrust Wallet (TWT) $ 0.978672
  • echelon-primeEchelon Prime (PRIME) $ 7.46
  • hashnote-usycHashnote USYC (USYC) $ 1.08
  • usdbUSDB (USDB) $ 0.997749
  • zksyncZKsync (ZK) $ 0.111173
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 2,932.98
  • olympusOlympus (OHM) $ 24.68
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 2,690.14
  • verus-coinVerus (VRSC) $ 4.87
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.08
  • 1inch1inch (1INCH) $ 0.273525

Ethereum L2 TVL Dips to $43.29B Mark Amid Rising Market Fluctuations

Ethereum L2 TVL Dips to $43.29B Mark Amid Rising Market Fluctuations

The Ethereum-based L2 ecosystems have recently seen a sheer drop in their total value locked. As per the data from CoinRank, the cumulative TVL of the Ethereum L2s has plunged to $43.29B. This significant drop indicates a 1.97% slump over the recent days. In this respect, the respective development highlights the ongoing volatility across the DeFi sector. Additionally, it displays the effect of the wider market trends on Ethereum’s L2 scaling solutions.

Ethereum L2 TVL drops to $43.29B, down 1.97% in 7 days

The total value locked (TVL) in Ethereum Layer 2 networks has fallen to $43.29 billion, marking a 1.97% decline over the past 7 days. The top five L2s by TVL are:

– Arbitrum One: $16.29B (-2.63%)
– Base: $1.396B… pic.twitter.com/inShmUNxUI

— CoinRank (@CoinRank_io) February 1, 2025

Ethereum ($ETH) Sees 1.97% Slump in L2 TVL

CoinRank disclosed the TVL of the prominent five L2s in its recent X post. The blockchain analytics platform asserted that Ethereum’s L2 TVL has decreased over the recent days. With a 1.97% slump, over the week, the respective figure is currently standing at up to $43.29B. Keeping this in view, the market is becoming increasingly volatile as the L2 TVL reveals a cautious sentiment prevailing among the users and investors.

Arbitrum One and OP Mainnet Record -2.63% and -5.69% Dips

Apart from Ethereum, Arbitrum One’s L2 TVL is nearly $16.29B. This figure shows a -2.63% decline. In addition to this, OP Mainnet has also experienced a -5.69% decline to reach the present TVL level of $6.41B. On the other hand, the other 3 L2 networks have seen slight increases in TVL. Hence, Base’s TVL is up to $1.396B, indicating a +0.009% growth. Along with that, ZKzync Era’s present TVL is $1.16B, recording a substantial +3.82% increase. Moreover, Starknet’s TVL of almost $878M points out a +3.28% rise.

L2 TVL Decline Parallels Ethereum’s Recent Price Decrease

At present, $ETH is trading at $3,267.73, with a 0.92% spike over the past 24-hours. In Contrast, the 7-day performance of the crypto asset shows a 0.67% dip. Furthermore, it saw a 4.85% decline over the past month. Simultaneously, this dip in the L2 TVL is also a signal of the overall reluctance among the investors. However, this appears to be a short-term dip in activity, and potentially positive market developments and macroeconomic conditions can shift the momentum.

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